In this video, Dr. Martenson breaks down the immense personal and institutional failures of the US Federal Reserve, connecting them broadly to the failures of the FDA, the CDC, NIH, Fauci, and the mainstream media.

Why should you care? Because the imminent economic crisis that’s coming will be extremely damaging.  It will have the same root as the many Covid policy failures; entrenched greed & corruption leading to extremely poor decisions that will cause a lot of pain for the most vulnerable in society.

There’s no practical difference between Fauci’s “No treatments for you!” policies and Jerome Powell’s “No money for you (only the uber-wealthy)!” policies.  Both grievously harm the majority while benefiting the very few.

The wealthy will skate by, but mainly because they have feathered their own nests at the expense of everyone else.  The extraordinarily regressive inflation tax combined with what can only be described as a purposeful decimation of the middle and lower socioeconomic classes is both a looming tragedy as well as indicative of a profound moral and ethical failure by Federal reserve staff and leadership.

Growing corruption is fingered as a principal contributor to the downfall of empires all throughout history and this time assuredly is different.

This all connects to the probability that the current inflationary impulses and growling supply shocks will be handled equally poorly by similarly conflicted and entrenched bureaucrats across the Americas and Europe.  In Part 2 this connection is covered extensively.

{Note: This episode Premiers on YouTube at 7:30 pm on 10/26/21}

Video





To watch part II – A Dark Winter in Europe – you have to be an enrolled member.  To watch part II click here.

To become a paying member and to access all of Chris’s content including live webinars twice a month and much more, click this link for a special introductory offer: https://www.peakprosperity.com/product/welcome-youtube

Links

Unbelievably Obvious Corruption

https://www.wsj.com/articles/dallas-feds-robert-kaplan-was-active-buyer-and-seller-of-stocks-last-year-11631044094

Federal Reserve Corrupt Through and Through

https://www.bloomberg.com/news/articles/2021-09-08/fed-official-who-warned-on-real-estate-was-active-reit-trader?sref=ZAnvU9CI

Unhappy at Getting Caught, That Is

https://news.yahoo.com/a-timeline-of-the-federal-reserves-trading-scandal-104415556.html

Billionaires get 62% richer

https://ips-dc.org/u-s-billionaires-62-percent-richer-during-pandemic/

The Middle Class & Minorities Were Crushed

https://fortune.com/2020/09/28/covid-buisnesses-shut-down-closed/

Powell: Zero Integrity

https://www.federalreserve.gov/newsevents/speech/powell20210503a.htm

Anatomy of an Obvious Fraud

https://www.npr.org/templates/story/story.php?storyId=124208012

Fed Plan:  Print more for Billionaires, Make You Pay More

https://www.illinoispolicy.org/proposal-make-illinois-property-taxes-highest-in-the-nation-to-pay-state-pension-debts/

How Many Cold Showers to Offset one Nautical Mile?

https://www.boatinternational.com/business/superyacht-special-reports/how-many-super-yachts-were-sold-in-quarter-one-2021

Audio

Related content
» More

64 Comments

  • Tue, Oct 26, 2021 - 8:34pm

    #1
    helmadi

    helmadi

    Status: Member

    Joined: May 23 2021

    Posts: 113

    6

    Ten red flags in the FDA’s risk-benefit analysis of Pfizer’s EUA application to inject American children 5 to 11 with its mRNA product

    https://americasfrontlinedoctors.org/2/frontlinenews/ten-red-flags-in-the-fdas-risk-benefit-analysis-of-pfizers-eua-application-to-inject-american-children-5-to-11-with-its-mrna-product-commentary/

    Login or Register to post comments

  • Tue, Oct 26, 2021 - 8:50pm

    unrepentant cynic

    unrepentant cynic

    Status: Bronze Member

    Joined: Sep 22 2021

    Posts: 36

    10

    unrepentant cynic said:

    Do we need 10 Red Flags?

    How about just one: Kids don't get COVID. So why do we need a vaccine for a disease the most kids won't get?

    Login or Register to post comments

  • Tue, Oct 26, 2021 - 9:11pm

    #3
    Chris Martenson

    Chris Martenson

    Status: Platinum Member

    Joined: Jun 07 2007

    Posts: 6636

    23

    FDA has failed the children

    I cannot believe what a complete, 100% fail the FDA just oversaw in their decision to allow Pfizer injections in 5 to 11-year-olds.

    From the design documents submitted to the FDA we read this:

     

    The study was designed to be too small to detect any myocarditis signals.  It was too small.  By design.

    That's just how Pfizer rolls.  And it's supposed to be up to the FDA to spot that and send them back to the drawing board.  But nope!  Because pandemic!  It's an emergency!

    A pandemic where almost no children actually die or get sick from the disease.

    Against a jab where the myocarditis risk climbs as the age of the injectees declines.

    *sigh*

    This is all very, very sick.

    Login or Register to post comments

  • Tue, Oct 26, 2021 - 9:23pm

    #4
    sand_kitty

    sand_kitty

    Status: Member

    Joined: Apr 13 2011

    Posts: 2004

    6

    Cute Beagles

    From Matthew Crawford's blog.

    Mostly, they are just cute, fun to look at and cuddle.

    ----

    This one, on the other hand.....

    -----

    Login or Register to post comments

  • Tue, Oct 26, 2021 - 10:01pm

    #5
    nordicjack

    nordicjack

    Status: Platinum Member

    Joined: Feb 03 2020

    Posts: 1647

    4

    Did not expect anything less from FDA

    I wish i had placed a bet on whether the FDA was going to pass - this I wonder if any odds takers would have taken the bet? Probably  but for each dollar you  wagered , you would have lost 99% either way.

    Nope FDA is not for protection its a $$$ i wish we could find away to hold these people accountable , oh wait, pfizer has immunity, these idiots do not.    I will not take this jab for sure, nor will my children or grandchildren

    Login or Register to post comments

  • Tue, Oct 26, 2021 - 10:07pm

    #6

    rhare

    Status: Silver Member

    Joined: Mar 29 2009

    Posts: 404

    9

    Amusing about the Heartgard ad

    The active ingredient in Heartgard is Ivermectin! 🙂

    Login or Register to post comments

  • Tue, Oct 26, 2021 - 10:08pm

    #7
    Netlej

    Netlej

    Status: Silver Member

    Joined: Dec 09 2020

    Posts: 360

    3

    Inflation, deflation ...lets call the whole thing off.

    It is nearly impossible for the dollar to go into hyperinflation due to its unique status, at least as long as it retains that global status. If TPTB waits too long that could change as there are many entities working to eliminate the dollar from global status.

    Were that to happen the US would be an entirely different place and our lifestyles would be more like the average mexican.

    Wrt inflation I like to use an extreme example to illustrate; Lets say that due to drought, flooding, and a crash in production of global fertilizers resulting in the global grain situation being cut in half. This would make all grain related products go up in price exponentially. $100 loaf of bread, $10 per egg, it would literally affect all food prices. Is that inflation? No!

    By the way almost all of that is happening right now. Have you read about the worlds largest fert producer stopping shipping?

    https://sputniknews.com/20211021/norwegian-fertiliser-giant-warns-of-famine-due-to-high-gas-prices-in-europe-1090089598.html

    As I have outlined many times here at PP there are two reasons for the price of things to go up. One is when there is more and more money bidding on a stable amount of things. The other is when a stable amount of money is bidding one a shrinking amount of things. Both these situations will increase the price of things. Sometimes we have both happening at the same time and this is tragic. CPI is almost meaningless. Does CPI measure the amount of money being injected into the economy? NO.  Does CPI measure the amount of things being injected into the economy? NO. The Fed, the Gov, any Gov around the world can print all the money they want but they can’t print things.

    I talk more about all this in my OP;

    Final collapse scenario; Global Deflationary Depression

     

    Login or Register to post comments

  • Tue, Oct 26, 2021 - 10:26pm

    JoshuaGreen

    JoshuaGreen

    Status: Member

    Joined: Jul 09 2020

    Posts: 46

    0

    JoshuaGreen said:

    I came across this post which suggests that the myocarditis risk was seriously considered despite the limitations of that study.  Maybe they should have waited for more data, and perhaps the FDA jumped the wrong way -- there were a lot of variables to consider -- but it's not like this particular concern was simply ignored.

    Login or Register to post comments

  • Tue, Oct 26, 2021 - 11:51pm

    davefairtex

    davefairtex

    Status: Member

    Joined: Sep 03 2008

    Posts: 2913

    27

    kids do not need a COVID19 vaccination

    Josh.  The choice was crystal clear.  Kids don't need the COVID19 vaccination.  They are at no risk for COVID19.  Period.

    https://www.acsh.org/news/2020/11/18/covid-infection-fatality-rates-sex-and-age-15163

    To say otherwise - means you are gullible and have a below-average intelligence (i.e. you can't do simple math), or you're just a corrupt sociopath captured by You Know Who.

    https://www.bitchute.com/video/pEGrWwteVfu7/

     

    Login or Register to post comments

  • Wed, Oct 27, 2021 - 12:27am

    nordicjack

    nordicjack

    Status: Platinum Member

    Joined: Feb 03 2020

    Posts: 1647

    10

    agreed dave

    its pretty much that simple..  dumb as a brick or psychopaths.    Can't wait to see the first parents to sacrifice their kids.  I mean we know that these 2 kids that got the vaccine by accident 4-5 year olds at walgreens,  both have cardiac issues..  That is not rare.    that is 2:2.    Yes its an adult dose, however, if you have 2:2 at only 3x the kids dose, there is no margin of safety.     And bare in mind the dose is 1/3 the dose of adult dose.  This might be fine for a 80-100lb 11 year old kid.  But kids between 5 and 11 are hugely different and a 5 year old girl may only weight  35lbs or so..  not 1/3 of average adult.. more like 1/6    I am really really worried for mostly these smaller kids and kids less than 9 unless they are bigger than average.   AND i cannot even fathom thinking about what I weighed at 5.   I was always around the 15% in weight as child.

    Login or Register to post comments

  • Wed, Oct 27, 2021 - 1:41am

    #11
    helmadi

    helmadi

    Status: Member

    Joined: May 23 2021

    Posts: 113

    12

    Florida Governor: Hold Employers Responsible for Vaccine Injury

    https://blogs.mercola.com/sites/vitalvotes/archive/2021/10/25/florida-governor-hold-employers-responsible-for-vaccine-injury.aspx

    Login or Register to post comments

  • Wed, Oct 27, 2021 - 3:46am

    Terminator

    Terminator

    Status: Member

    Joined: Feb 06 2011

    Posts: 123

    7

    Terminator said:

    Thanks again Chris for your insights. It may come too late for many (including myself) but it is what it is, these are the cards we are dealt with.

    You’re right in all of this being wrong. It’s the way the majority likes to be fed.  All modern, western societies are a big illusion based on the invisible power pyramid. The top keeps the dream alive, printing is how they make the economy prosper, the (social) media makes sure the dream is glorified, worshipping nice shiny object of desire, in material and in flesh. You would almost become religious and all religions carry much good for sure (until they became corrupted by the power mongering top dogs of that pyramid). It’s all a game folks, and it’s rigged. It’s a system that benefits a few and is devastating many in various awful ways. I almost start to become addicted to George Carlin lately, I sensed back then that he was right on so many things, it turns out he is. So do you.

    Login or Register to post comments

  • Wed, Oct 27, 2021 - 4:00am

    Terminator

    Terminator

    Status: Member

    Joined: Feb 06 2011

    Posts: 123

    5

    Terminator said:

    Agree full stop Dave, better yet I endorse it. No valid reason presented up until now to vaxx kids. It’s my line in the sand. Cross it, you’re toast. Seriously, all bets are off, no questions asked. F#ck up your own body if you believe it benefits you, but stay off the impeccable immunity of the young.

    Young carries a long way btw, I proved myself right as a “cold/COVID survivor”.

    Btw when is Mr Science “the vaccine is safe and effective” culled? I wonder this every day, another signal the system is working, ..for them.

    Login or Register to post comments

  • Wed, Oct 27, 2021 - 5:21am

    #14
    Steve

    Steve

    Status: Silver Member

    Joined: Jun 27 2009

    Posts: 262

    8

    Gerald Celente offering religious vaccine exemptions

    Just in case you haven’t seen this yet… get your religious vaccine exemption at Gerald Celente’s Universal Church of Freedom, Peace and Justice.  Exemption is written by a top USA attorney.

     

    https://youtu.be/ey3IHBmxrhQ

    Login or Register to post comments

  • Wed, Oct 27, 2021 - 6:43am

    #15
    You've been Nudged...!

    You've been Nudged...!

    Status: Gold Member

    Joined: Aug 28 2021

    Posts: 538

    9

    A new caste system

    The same happened here in the UK; large chains & coffee franchises were allowed to remain open - but not small cafés or small businesses... Small, broke businesses who tried to reopen in lockdown were 'named & shamed'.

    The UK GOV created a new caste system too (the shape of things to come...?). 'Key workers' (meaning state & corporate) were allowed to continue to send their children to school (even if they worked from home...) - whereas cleaners & other agency manual-workers etc., had to arrange or pay for their own child care....

    Production continued throughout the so-called lockdown, with just hand sanitiser to protect workers from covid - while many white-collars were paid to do nothing at home for several months, or even a year in the case of 'civil servants'...

     

    Login or Register to post comments

  • Wed, Oct 27, 2021 - 7:40am

    #16
    You've been Nudged...!

    You've been Nudged...!

    Status: Gold Member

    Joined: Aug 28 2021

    Posts: 538

    4

    Dr. Fleming calls for the clotshot to be stopped

    An obscure discovery I posted 6 days ago here on PP forums has now gone viral & gaining momentum.

    A correspondent of mine applied Pfizer vaccine to his own blood under the microscope, resulting in desaturation of blood cells & clotting - as well as finding impurities in the vials.

    First InfoWars post:

    https://freeworldnews.tv/watch?id=617805b37031df173f85c2d9

    New InfoWars post where Dr. Fleming calls for the clot shot to be stopped:

    https://freeworldnews.tv/watch?id=61787110ee556118cff1f849

    Login or Register to post comments

  • Wed, Oct 27, 2021 - 7:56am

    #17
    Alexander Bekesi

    Alexander Bekesi

    Status: Member

    Joined: Sep 03 2021

    Posts: 7

    8

    HeartGuard is Ivermectin

    I think the HeartGuard advert alongside Fauci's pic in your broadcast is perfect as I believe that the treatment is in fact Ivermectin. I give this to my dogs to treat parasitic infections.

    Login or Register to post comments

  • Wed, Oct 27, 2021 - 9:02am

    #18
    richcabot

    richcabot

    Status: Bronze Member

    Joined: Apr 05 2011

    Posts: 458

    3

    Another Ivermectin hit piece

    https://www.theatlantic.com/science/archive/2021/10/ivermectin-research-problems/620473/

    Login or Register to post comments

  • Wed, Oct 27, 2021 - 9:23am

    Hohhot

    Hohhot

    Status: Gold Member

    Joined: Mar 12 2020

    Posts: 347

    10

    Thanks so much for Fleming video

    The video was fascinating. Thank you for this link.

    If you want to know the history of the FDA, read the book Empty Harvest.  It was started ostensibly to protect the public, but that was derailed almost immediately. The first head of the FDA was a dentist who believed in whole foods and other natural ways to protect the public. He tried to block the interstate transport of white sugar and white flour as they were nutrient poor, disease inducing substances. The dentist was then swiftly removed and the medical folks came in.  Since then the food giants, Big Pharma, and the AMA have run the show- all to line their own pockets.

    For a recent travesty, read how the late D. Rumsfield railroaded through poisonous aspartame.

    https://www.huffpost.com/entry/donald-rumsfeld-and-the-s_b_805581

    Here's the FDA's dubious history approving opioids. So much for public welfare...

    https://www.verywellhealth.com/fda-opioid-approval-history-study-5079630

    As for Pfizer's credibility-

    Pfizer has run afoul of the FDA many times before. 2009 Pfizer paid $2.9 billion in fines for marketing four of its drugs for off-label use. This included Lyrica, a star money maker for them which has been prescribed for all sorts of pain and psychiatric conditions. The hype was that it didn't cause dependency or addiction.  They were wrong. Millions world-wide have become addicted or suffered terribly from Lyrica, but it keeps being prescribed.  After this settlement, they kept right on promoting it for the same off label uses. The FDA did nothing.

    https://abcnews.go.com/Business/pfizer-fined-23-billion-illegal-marketing-off-label/story?id=8477617

    The British medical establishment has now acknowledged that Lyrica is as difficult to stop as a benzoid, and causes terrible withdrawal symptoms.

    https://www.theguardian.com/society/2017/sep/21/pregabalin-new-valium-class-c-drug-deaths

    Funny that...off label use...isn't that exactly why using IVM and HCQ for C-v was shut down?  Isn't that why we have Remdesivir, a failed toxic cancer drug produced by F's friends at Gilead, as treatment instead?

    And now we have the "approved" Pfizer vax that hasn't been made yet.

    https://fight4usanews.wordpress.com/2021/09/11/major-law-firm-confirms-fda-deceived-america-with-its-approval-of-pfizer-vax-principia-scientific-intl/

    Yeah, where IS the science for any of this sh*t?

    HH

    Login or Register to post comments

  • Wed, Oct 27, 2021 - 10:34am

    You've been Nudged...!

    You've been Nudged...!

    Status: Gold Member

    Joined: Aug 28 2021

    Posts: 538

    16

    Here is the science:

    Login or Register to post comments

  • Wed, Oct 27, 2021 - 11:22am

    #21
    unrepentant cynic

    unrepentant cynic

    Status: Bronze Member

    Joined: Sep 22 2021

    Posts: 36

    8

    Fleming Video

    The Fleming video is interesting; he was interviewed yesterday on Infowars.

    He is a scientist as well as a lawyer and is looking at this from a different standpoint. He doesn't believe there is graphene in the injections; he says they are dirty, aka contaminated.  I believe this is what the Japanese found.

    Consequently, if the injections are contaminated, they are no longer legally protected because they are a defective product. So people would, in theory, be able to sue Big Pharma because they have been injected with something defective.

    Here's the fun part:

    If a case went to court and Pfizer etc had to prove that their injections were not dirty, they would have to reveal their "proprietary ingredients," which they do not want to do.

    If they want to protect their "proprietary ingredients," they will have to admit that the injections are defective and take the financial hit.

    Login or Register to post comments

  • Wed, Oct 27, 2021 - 11:42am

    #22
    richcabot

    richcabot

    Status: Bronze Member

    Joined: Apr 05 2011

    Posts: 458

    5

    Truth to be funded by billionaires

    A new public benefit corporation backed by billionaires Reid Hoffman, George Soros, and others is launching Tuesday to fund new media companies and efforts that tackle disinformation.  The billionaires wouldn't censor news that wasn't in their best interest would they?

    https://www.axios.com/soros-hoffman-disinformation-tara-mcgowan-b1e7cb89-a4f7-4281-8e0a-3877fe8a3944.html

    Login or Register to post comments

  • Wed, Oct 27, 2021 - 11:44am

    You've been Nudged...!

    You've been Nudged...!

    Status: Gold Member

    Joined: Aug 28 2021

    Posts: 538

    0

    You’ve been Nudged…! said:

    Fleming knows all about the Japanese findings. Maybe he's saying that graphene is not present in all jabs...

    The point is that there are agents trying to misdirect & distract people from the truth - sending members of the public & the 'truther community' down unproductive rabbit holes, & setting them up for a bad covid experience ('viruses aren't real' & 'masks don't work' etc.).

    Login or Register to post comments

  • Wed, Oct 27, 2021 - 11:53am

    You've been Nudged...!

    You've been Nudged...!

    Status: Gold Member

    Joined: Aug 28 2021

    Posts: 538

    10

    Truth to be funded by billionaires

    Shall we call it The Ministry of Truth?

     

    Login or Register to post comments

  • Wed, Oct 27, 2021 - 12:08pm

    #25
    Netlej

    Netlej

    Status: Silver Member

    Joined: Dec 09 2020

    Posts: 360

    4

    Small business

    As or more important than the middle class to a vibrant, healthy economy is small business. "Middle" class is just a measure of the middle. Middle of what? It could be the middle of of a totally dysfunctional economy like it has been for the last 10, 20, 30 years.

    Historically small businesses in the developed as well as the developing world account for over 80% of all jobs and tax revenues.

    The Fed certainly hasn't helped anything even though it is its stated mandate to make certain job growth happens. But the real culprit for the loss of small business and therefor the real economical middle class and jobs has been the offshoring of production and the deregulation and subsidization of "big box" and monopolies, the buying up of small and medium sized businesses and consolidating them by private equity firms. The gradual takeover of healthcare and insurance by these same folks making it too expensive for small business to provide and being the #1 cause of bankruptcy.

    I have been fighting this for over 20 years and learned that Government, all the way down to local have the stated belief that "supporting small business over corporate interest is the path to poverty". I have been told this over and over. I made it all the way to Kitzhaber and got the same response. He said that small business can't be trusted to make the right decisions going forward, only large corporations have that kind of foresight. Nothing I could say could even penetrate this kind of thinking.

    Corporations are evil, soul sucking entities that do not care about the public at all.

    There is absolutely nothing the fed can do about this, or our government for that matter as if they wanted to.

    Universal healthcare, massive taxes on the corporations and the rich, big steady subsidies for localization and small business, outlaw owning more than 2 houses or apartments, quadruple  funding for USPS and have a banking arm included, add a large road tax for UPS, fedx, amazon and all the others. Thats just to start.

     

    Login or Register to post comments

  • Wed, Oct 27, 2021 - 1:23pm

    #26
    richcabot

    richcabot

    Status: Bronze Member

    Joined: Apr 05 2011

    Posts: 458

    3

    New Epsilon Theory post

    The Mandarin Class

    Login or Register to post comments

  • Wed, Oct 27, 2021 - 1:54pm

    Redneck Engineer

    Redneck Engineer

    Status: Bronze Member

    Joined: Mar 16 2020

    Posts: 228

    2

    10 Red Flags

    Excellent analysis. On point, logical, clear. Thanks!

    If the system is willing to let kids be subjected to this… people would be in the streets with pitchforks if they knew.

    Login or Register to post comments

  • Wed, Oct 27, 2021 - 2:17pm

    DanBC

    DanBC

    Status: Member

    Joined: Sep 08 2021

    Posts: 44

    12

    Child Sacrifice

    So Josh, how many permanently injured, or dead kids, justify this?

    If you have to think about the answer, you have no credibility or any morality.

    Login or Register to post comments

  • Wed, Oct 27, 2021 - 2:57pm

    Chickpea

    Chickpea

    Status: Member

    Joined: Jun 20 2020

    Posts: 5

    0

    Chickpea said:

    Patrick and Stephanie de Garay’s Phone Call with Pfizer trial Principal Investigator

    • Have you heard 'Patrick and Stephanie de Garay’s Phone Call with Pfizer trial Principal Investigator' by User 668575910 on SoundCloud?

    Login or Register to post comments

  • Wed, Oct 27, 2021 - 5:20pm

    #30

    Mark_BC

    Status: Silver Member

    Joined: Apr 30 2010

    Posts: 608

    1

    Mark_BC said:

    A Central Banker Discusses Data Manipulation

    Login or Register to post comments

  • Thu, Oct 28, 2021 - 1:57am

    #31
    Thetallestmanonearth

    Thetallestmanonearth

    Status: Bronze Member

    Joined: Feb 28 2013

    Posts: 343

    1

    A thought experiment

    Today, with no adjustments for past errors, we the community of people here shouting into the wind, are handed the keys to the kingdom. We elect Chris our leader (obviously) and he starts filling cabinet positions. Dealing with all the same predicaments we’re faced with today and the cold reality that this modern world is beyond the tip of its skis and likely irreparable/irredeemable, who do we want to lead us in different areas of life? Why? What traits do they possess and why is that important? Fauci for Pierre Corey? Tom Vilsack for Mark Shepard? Who and why? Jerome Powell for Dave Fairtex (hat tip)? Jen Paski for Dave Collum?

    Login or Register to post comments

  • Thu, Oct 28, 2021 - 2:21am

    Grover

    Grover

    Status: Platinum Member

    Joined: Feb 15 2011

    Posts: 1095

    14

    End The Fed Instead

    Netlej wrote:

    Corporations are evil, soul sucking entities that do not care about the public at all.

    There is absolutely nothing the fed can do about this, or our government for that matter as if they wanted to.

    Universal healthcare, massive taxes on the corporations and the rich, big steady subsidies for localization and small business, outlaw owning more than 2 houses or apartments, quadruple  funding for USPS and have a banking arm included, add a large road tax for UPS, fedx, amazon and all the others. Thats just to start.

    Netlej,

    Although I think you paint with too broad of a brush, unless corporations have a vision statement supporting the public needs, there isn't any reason for them to do anything that benefits the public that costs them money. (Why do those who think this is important support businesses that don't have this position?) I also agree that the federal reserve can't do anything about this. They are wholly owned by private banks. Why would they do anything that doesn't support the banks?

    I strongly disagree with your solution to tax the corporations and rich more. Big government is in bed with big corporations. Actually, it is those in big government who we trust to do government's work who have been corrupted by the money of the rich and powerful that are the problem. Giving them more money through punishing taxes on the rich is a naïve wish on your part.

    You say it's a good start. Have you wondered how it ends? After they tax all the resources out of the billionaires, they'll come after the millionaires. After the millionaires are taxed to death, they'll come after the thousandaires. They won't be satisfied until everyone is penniless and they-in-government have all the power. All the while, they'll keep telling us that it's for our own good. We'll be vassals of the State. Is that what you want?

    Do you really think the government should be choosing who should be successful by giving subsidies to some chosen businesses? All you are doing is providing a life support for those who can't do it on their own. Then, you punish those who are successful (or those out of government's favor) by adding a higher tax burden to them. The resulting tax and spend is basically more (MUCH MORE) of the failed policies of the recent past.

    What has government done that makes you think they can adequately handle this enormous responsibility? If they haven't fixed the problem yet, the people in charge must not think it is a problem. Why should they? They're getting rich and powerful. Have you considered that?

    You want universal healthcare (to be paid by others.) Who would you put in charge - Fauci or someone like him? How would you keep him from funding gain-of-function research or any other anti-human scheme he thinks would be cool? (Hey, let's torture puppies to death. Imagine what we can learn.) Do you want the AMA to tell doctors what they can/can't prescribe like they're doing now? If not, how would you stop it? That's just an example of why your idea won't work. We've already tried it.

    I've lost faith in the government's ability to work itself out of this situation. It's really sad that it has been allowed to decay this much. There's too much corruption throughout the system. Anyone who tries to fix the problems is painted as a fool with every method available to the oligarchy. Why do they do that? It works! And, the general populace is too entrenched in their beliefs to question the situation - unfortunately, you included.

    Grover

    Login or Register to post comments

  • Thu, Oct 28, 2021 - 3:17am

    Mark_BC

    Status: Silver Member

    Joined: Apr 30 2010

    Posts: 608

    3

    Mark_BC said:

    I strongly disagree with your solution to tax the corporations and rich more.

    Then how do we prevent runaway wealth concentration in a finite world, which inevitably ends up promoting the situation where the wealthy become so powerful that they buy up the government and ultimately the whole country? I don't believe in the magic ability of a free market to fairly allocate wealth in a world of finite and decreasing resources. The free market can do lots of good things but it isn't perfect.

    Big government is in bed with big corporations. Actually, it is those in big government who we trust to do government's work who have been corrupted by the money of the rich and powerful that are the problem. Giving them more money through punishing taxes on the rich is a naïve wish on your part.

    The problem ultimately is the merger of public and private sectors. This could be easily prevented with clear laws if they were enforced when the public and private sectors were separate. The problem is, the private elites gained too much wealth a century ago and took over the regulators so the laws weren't enforced resulting in our recent descent into fascism. Recently I recall Chris mentioning how he would like to see some law preventing the revolving door between Big Pharma and government regulators by requiring a certain amount of years between working for each. In a functioning society with separation of public and private sectors, those laws would be able to be enforced.

    You say it's a good start. Have you wondered how it ends? After they tax all the resources out of the billionaires, they'll come after the millionaires. After the millionaires are taxed to death, they'll come after the thousandaires. They won't be satisfied until everyone is penniless and they-in-government have all the power. All the while, they'll keep telling us that it's for our own good. We'll be vassals of the State. Is that what you want?

    I don't understand your logic here. You ask when it would stop, going from billionaires to millionaires to thousandaires. Well the same question could be asked of income tax right now. What stops it? A peoples' revolt would when everyone becomes uncomfortably poor. But if we taxed the billionaires we wouldn't need to target the 8 figure millionaires or anyone beneath. We'd have all the money we need to run government by taxing the billionaires and 9 figure millionaires.

    Do you really think the government should be choosing who should be successful by giving subsidies to some chosen businesses? All you are doing is providing a life support for those who can't do it on their own. Then, you punish those who are successful (or those out of government's favor) by adding a higher tax burden to them. The resulting tax and spend is basically more (MUCH MORE) of the failed policies of the recent past.

    I agree that subsidies are bayaddd... all they do is promote over consumption. Taxes are better.

    What has government done that makes you think they can adequately handle this enormous responsibility?

    There is not one entity called "government". There are lots of different types of governments and examples through history. The USA had a pretty accountable government up until about 1913. Scandinavia up until very recently, and I think many countries there still do (I'm looking at you, Iceland). Singapore has the death penalty for corrupt politicians. We will always need government. The solution isn't banning government. The solution is figuring out how to best hold the government accountable to the people, not the other way around. This is done by a clear separation of public and private sectors and transparency (banning the insidious "public-private-partnerships). And limiting the wealth of those elites at the top of the private sector to say 20 million dollars in today's money, to prevent them from becoming powerful enough to take over the government and dismantling those laws.

    You want universal healthcare (to be paid by others.) Who would you put in charge - Fauci or someone like him?

    Every other country in the world has done reasonably well with universal healthcare. The US with its public-private partnership (aka fascism) is suffering under the same Covid fascism other countries are with universal health care. Hmm, the country leading the way with Covid treatments is India and they have centralized healthcare... where government officials actively seek out Covid outbreaks and give everyone Ivermectin. Which is why Uttar Pradesh yesterday had 2 new cases out of 240 million people. That government seems to have been able to organize itself quite well. Maybe because they managed to break free from Big Corporation. Again, it's about separating public and private sectors.

    Login or Register to post comments

  • Thu, Oct 28, 2021 - 9:09am

    isjrb029

    isjrb029

    Status: Member

    Joined: Jan 16 2009

    Posts: 31

    1

    Lay it right out there Grover

    .

    Grover. 🎩 off to you. The best comment on the internet today. Maybe ever.

    Login or Register to post comments

  • Thu, Oct 28, 2021 - 11:42am

    Netlej

    Netlej

    Status: Silver Member

    Joined: Dec 09 2020

    Posts: 360

    0

    Reply to grover

    The solutions I give would obviously NEVER be implemented by government such as it is. These points I have made must happen and obviously we the people must make sure it does.

    Instead though we will come up with infinite number of excuses for doing nothing and we will all just whine and moan and bitch. Like you.

    Login or Register to post comments

  • Thu, Oct 28, 2021 - 12:12pm

    westcoastjan

    westcoastjan

    Status: Platinum Member

    Joined: Jun 04 2012

    Posts: 1274

    17

    Whoa with the personal attack

    Instead though we will come up with infinite number of excuses for doing nothing and we will all just whine and moan and bitch. Like you.

    Netlej: this kind of comment is not wanted or appreciated on this site. I have observed in other comments you have made that you like to call people who do not agree with you 'whiners'. Please stick to debating points and refrain from disparaging people just because their views do not align with yours.

    https://www.peakprosperity.com/forum-topic/forum-guidelines-and-rules/

     

    Login or Register to post comments

  • Thu, Oct 28, 2021 - 1:05pm

    Daddy-O McDadstein

    Daddy-O McDadstein

    Status: Member

    Joined: Apr 11 2020

    Posts: 77

    6

    This is all very, very sick

    The “They”, who are driving all of this, surely have as a goal to bring masses of people to conclude what you find. Sick, evil. A campaign of darkest malignity.
    A psyop and a chemical/biological attack all wrapped up in one, and coming from agencies that were trusted and respected as protectors of the public. That’s gonna knock us back.
    Destruction of supply chains and price shock will do a number.
    Very discouraging, as planned.

    I hate this asymmetrical war we’re in, and especially as we have no way of fighting back except to plan and prepare for God knows what.

    Like Habakkuk noted as he watched a slow motion national train wreck “I heard and my inward parts trembled…because I must wait quietly for the day of distress…”
    It’s sickening because it has been crafted by a sick entity to be sickening.

    Login or Register to post comments

  • Thu, Oct 28, 2021 - 1:21pm

    #38
    Mysterymet

    Mysterymet

    Status: Silver Member

    Joined: May 23 2020

    Posts: 446

    4

    For people who want socialized medicine try the VA

    I would rather PAY for private healthcare than go to the VA for free and I know many other vets that feel the same way. Talk about not having any control over your substandard health care…  People who work and contribute to society should have better healthcare than people who don’t worm because they are worth more to society. Sounds cruel but it is true.

    Login or Register to post comments

  • Thu, Oct 28, 2021 - 3:20pm

    Chris Martenson

    Chris Martenson

    Status: Platinum Member

    Joined: Jun 07 2007

    Posts: 6636

    4

    Re: A thought experiment

    Dave Collum for Jen Psaki had me rolling.

    What an idea!

    lol.

    Login or Register to post comments

  • Thu, Oct 28, 2021 - 4:08pm

    Netlej

    Netlej

    Status: Silver Member

    Joined: Dec 09 2020

    Posts: 360

    0

    Reply to jan

    Many of you have been much more disrespectful than I but somehow they get a pass.

    So the rule is either step into the circle jerk and reach around or go away.

    By!

    Login or Register to post comments

  • Thu, Oct 28, 2021 - 4:10pm

    VTGothic

    VTGothic

    Status: Gold Member

    Joined: Jan 05 2020

    Posts: 428

    4

    Red Pill it

    Then how do we prevent runaway wealth concentration in a finite world, which inevitably ends up promoting the situation where the wealthy become so powerful that they buy up the government and ultimately the whole country?

    The answer: it stops when we separate State and money. Then, but not until then.

    That IS the revolutionary potential in the bitcoin protocol. "Number go up" is just the red pill. Once it's swallowed, the rabbit hole opens. Jump in and you'll see a whole different future begin to take form in your mind's eye.

    There are people working that vision forward into meat space. (I think it's as inevitable as the separation of Church and State, with as dramatic potential for human flourishing.)

    Login or Register to post comments

  • Thu, Oct 28, 2021 - 5:03pm

    Grover

    Grover

    Status: Platinum Member

    Joined: Feb 15 2011

    Posts: 1095

    3

    Here We Go Again

    Mark_BC,

    This is at least the third time that we've had this conversation. Usually, I state my opinion, you come out with guns-a-blazing to say that I'm wrong, I respond with facts and logic that effectively eviscerates your opinion, and then you go dark. It's really frustrating to deal with you when you do this. Would you consider that respectful? I sure don't.

    I remember the last time this came up - you were proposing a wealth tax to stop the rich from becoming too rich. I said that a wealth tax already exists in property tax and pointed out that my yearly property tax consumed >13% of my total annual income from my pension. After that, you quit responding. I had hoped that you would have reconsidered your position and realized that your solutions are worse than the problem. Your post tells me that nothing has changed. You're deeply mired in a belief system that can't be questioned. That's really sad.

    So, let's go through the same charade again. How many times will you respond before realizing your position is untenable? I have hopes but no expectations. Rather than wasting all my time debunking all points of your post, I'll just concentrate on the first part - I'll make it an easy question for you. If you bother to respond, we can go from there.

    Mark_BC wrote:

    Then how do we prevent runaway wealth concentration in a finite world, which inevitably ends up promoting the situation where the wealthy become so powerful that they buy up the government and ultimately the whole country? I don't believe in the magic ability of a free market to fairly allocate wealth in a world of finite and decreasing resources. The free market can do lots of good things but it isn't perfect.

    The bolding is mine. I'm assuming you prefer a democratically elected republican form of government over any other form of government. (Please correct me if I'm wrong.) In this system, the people vote for their representatives who then work with other elected officials to craft laws and policies that govern the people of the land.

    Theoretically, it is one vote for each person who bothers to register and actually vote. The votes are tallied and the person with the most votes gets elected. That's pretty straight-forward, right? Do people try to game the system? Sure. It happens frequently. We assume that the errors offset one another and that the deserving person ends up winning anyway. (That's not always the case.)

    So, by having the public vote, we're using a free market system (because people are free to choose with whom to spend their vote) to elect the representatives. If you don't believe a free market system can be trusted ... how can you trust that the right officials will be elected?

    Grover

    Login or Register to post comments

  • Thu, Oct 28, 2021 - 5:14pm

    Grover

    Grover

    Status: Platinum Member

    Joined: Feb 15 2011

    Posts: 1095

    4

    Reasons VS Excuses

    Netlej wrote:

    The solutions I give would obviously NEVER be implemented by government such as it is. These points I have made must happen and obviously we the people must make sure it does.

    Instead though we will come up with infinite number of excuses for doing nothing and we will all just whine and moan and bitch. Like you.

    Netlej,

    Do you know the difference between a reason and an excuse? A reason is why an action happens. An excuse is made up afterward to explain an action.

    I'm looking at past history, human nature, and physics to develop a reason to do what I do. When I choose to do nothing, it is because I see nothing can be done to fix the situation. It results in acceptance of the situation - regardless of how dire that situation is.

    By the same token, I willingly tilt at windmills. I know it won't do any good because your actions are beyond my control. Still, I feel compelled to try to set you on the right path. The choice is yours to make. Nonetheless, you can expect me to point out your follies.

    Grover

    Login or Register to post comments

  • Thu, Oct 28, 2021 - 6:36pm

    CallMeMa

    CallMeMa

    Status: Member

    Joined: Jul 25 2021

    Posts: 12

    7

    Time for plan A, B, & C

    Chris, I completely agree, this is very, very sick.  But I believe we all now know this is not about health or safety, but control.  Keep up the good work, but as you now know, it's time to prepare for the worst, expect worse than that, plan accordingly, and hope that is enough.

    Login or Register to post comments

  • Thu, Oct 28, 2021 - 9:08pm

    JoshuaGreen

    JoshuaGreen

    Status: Member

    Joined: Jul 09 2020

    Posts: 46

    0

    JoshuaGreen said:

    Death isn't the only possible negative effect of COVID.

    The post I shared summarized the arguments that led to the approval, and I believe all the materials that went into it are available.  You're welcome to disagree with aspects of that argument or even the final decision (which would just be an allowance, not a mandate), but I think it's unfair to argue that there was absolutely no rationale behind it.

    Login or Register to post comments

  • Thu, Oct 28, 2021 - 9:12pm

    #46
    Daddy-O McDadstein

    Daddy-O McDadstein

    Status: Member

    Joined: Apr 11 2020

    Posts: 77

    7

    It Looks Like A Race

    It seems as if the route the elites are taking is to be as avariciously ruthless as possible and get as wealthy as possible in order to make it into the “survivors’ club”, or “the ones who get the lifeboats”. Really gotta show the gang that you’re one of them by demonstrating zero concern for the commoners, for goodness, justice, righteousness, and all that sissy stuff.

    That’s one possible rationale for for the blatant nature of malfeasance we’re seeing. Gotta pass a test to get in the club. Kill a half million people by national-scale medical malpractice, ruin the retirement hopes of struggling blue-collars by inflating their money away, that sort of thing.

    Login or Register to post comments

  • Thu, Oct 28, 2021 - 9:22pm

    JoshuaGreen

    JoshuaGreen

    Status: Member

    Joined: Jul 09 2020

    Posts: 46

    0

    JoshuaGreen said:

    So Josh, how many permanently injured, or dead kids, justify this?

    The justification is based on hopefully reducing similar or worse outcomes from COVID infections.  The considerations that went into the decision suggested that any vaccine harm would likely be dwarfed by the benefits against COVID.

    Login or Register to post comments

  • Thu, Oct 28, 2021 - 9:40pm

    Mysterymet

    Mysterymet

    Status: Silver Member

    Joined: May 23 2020

    Posts: 446

    12

    Of course death isn’t the only negative outcome from covid

    Fortunately for the VAST MAJORITY of the population it is nothing more than a flu type sickness with the no taste and smell thing for a few days or weeks. Covid was that way for my middle aged ass. How about this. Want a better covid outcome? Eat right, lose weight and exercise. Take vitamins and supplements if you want. Why the hell did they push the vax when they could have simply told people to exercise, lose weight and take vitamin D at the very least? You think I am going to trust those ass hats with anything at this point when they could have helped the situation but instead chose to do nothing... my trust in the medical establishment is nil at this point.

    Login or Register to post comments

  • Fri, Oct 29, 2021 - 2:48pm

    #49
    Kenzington

    Kenzington

    Status: Member

    Joined: Oct 29 2021

    Posts: 2

    4

    Wake me when it's over. If I'm not dead.

    Looming economic crisis? As a business owner, I'm already feeling it! Normally it would be a dream to have way too much demand now you can't hire anyone! I'm sure that the many inflated wages are going to make everything explode in price here soon.  You wouldn't believe what we have to hire blue collar movers for! More than some places are offering for people with college degrees.  It's insane!

    Login or Register to post comments

  • Fri, Oct 29, 2021 - 4:08pm

    SagerXX

    Status: Gold Member

    Joined: Feb 11 2009

    Posts: 761

    12

    Josh

    So now we know you're a troll.  Dr. Chris has quite thoroughly gone over the data (UK) about the risk of the vax vs. the benefit against COVID for younger people.  Basically, anybody under 30 taking the vax is on the loss side of the risk/benefit analysis.

    But you're just shilling for the mainstream narrative, so why would you listen to the facts?  Get lost, child.  You're wasting everybody's time.

     

    Login or Register to post comments

  • Fri, Oct 29, 2021 - 5:40pm

    #51
    helmadi

    helmadi

    Status: Member

    Joined: May 23 2021

    Posts: 113

    0

    Covid vaccines provide stronger immunity than past infection?

    https://www.nbcnews.com/health/health-news/covid-vaccines-provide-stronger-immunity-infection-cdc-study-finds-rcna4133

    Login or Register to post comments

  • Fri, Oct 29, 2021 - 6:18pm

    #52
    Grover

    Grover

    Status: Platinum Member

    Joined: Feb 15 2011

    Posts: 1095

    1

    Says It All

    Login or Register to post comments

  • Fri, Oct 29, 2021 - 7:56pm

    davefairtex

    davefairtex

    Status: Member

    Joined: Sep 03 2008

    Posts: 2913

    10

    hands off

    The justification is based on hopefully reducing similar or worse outcomes from COVID infections. The considerations that went into the decision suggested that any vaccine harm would likely be dwarfed by the benefits against COVID.

    Uh huh.  Mortality is just a "severity metric."  It says: kids get the sniffles from COVID.  Less risk than influenza.  So your answer is "experimental shots in arms for babies?"  I have a term for that - it is: "baby-killer."

    Hands Off The Children, Josh.  Otherwise, you - and your co-workers - are nothing more than baby-killers.  Utter scumbags.  You don't want to be a baby-killer, do you, Josh?

    https://www.bitchute.com/video/yqd6mUbrGtIq/

    Apologies for the "lack of science."  I'm just absolutely disgusted by the Vax Pushers and their focus on profits over humanity.

    "Oh sure.  Let's try an experimental shot on a 5-year-old because otherwise he might get the sniffles."  Because - psychopathy.

    Login or Register to post comments

  • Fri, Oct 29, 2021 - 8:15pm

    westcoastjan

    westcoastjan

    Status: Platinum Member

    Joined: Jun 04 2012

    Posts: 1274

    0

    #49 is a spammer

    I am not sure why this person is getting 4 thumbs up... they are a spammer, as evidenced by the link to a moving business. They have made several posts today...

    The admin team has been notified to take the appropriate action.

    Login or Register to post comments

  • Fri, Oct 29, 2021 - 9:12pm

    joe2baba

    Status: Gold Member

    Joined: Jun 17 2008

    Posts: 345

    6

    josh

    psyops much?

    Login or Register to post comments

  • Sat, Oct 30, 2021 - 2:49pm

    #56
    lmrovel29

    lmrovel29

    Status: Member

    Joined: May 09 2020

    Posts: 11

    0

    The fall of Rome but with Wi-Fi

    Must be why car manufacturers and home builders are focusing on high end models only... Blaming shortages of course.

    Login or Register to post comments

  • Sat, Oct 30, 2021 - 3:48pm

    #57
    helmadi

    helmadi

    Status: Member

    Joined: May 23 2021

    Posts: 113

    0

    Destruction of Medicine? A Bill to Allow Prescriptions by AI

    https://articles.mercola.com/sites/articles/archive/2021/10/30/a-bill-to-allow-prescriptions-by-ai.aspx (link will disappear in 33 hours)

    Login or Register to post comments

  • Sat, Oct 30, 2021 - 3:58pm

    Grover

    Grover

    Status: Platinum Member

    Joined: Feb 15 2011

    Posts: 1095

    3

    Let's Try Again

    Mark_BC wrote:

    Then how do we prevent runaway wealth concentration in a finite world, which inevitably ends up promoting the situation where the wealthy become so powerful that they buy up the government and ultimately the whole country? I don't believe in the magic ability of a free market to fairly allocate wealth in a world of finite and decreasing resources. The free market can do lots of good things but it isn't perfect.

    Mark,

    I don't understand why wealth concentration is such a bad thing. Shouldn't the rewards go to those who make a better mousetrap? If you don't reward them ... and subsequently punish them with draconian taxes, all of us are left with inferior mousetraps. We all lose.

    The way I read your post is that you acknowledge that there is corruption in government, but you effectively give it a pass. Is it just that inevitable? Why don't we focus on the problem? There are corrupt government officials who need to be punished. (Please note that I'm not condemning ALL government officials and civil servants.) Why can't we rout them out? As far as I know, they all had to take an oath of office (at least in the US.) By being corrupt, they're violating that oath they took.

    Unfortunately, without considering the consequences, many people with a singular focus would blindly vote for a politician who supports your position - that the evil rich need to be taxed more to keep them from being able to corrupt government officials. What other baggage gets included with that vote? This is why I care about this. People who vote this way impact me. I can't do much about it other than point out ramifications and hope those people are thoughtful enough to consider the consequences.

    The problem ultimately is the merger of public and private sectors. This could be easily prevented with clear laws if they were enforced when the public and private sectors were separate. The problem is, the private elites gained too much wealth a century ago and took over the regulators so the laws weren't enforced resulting in our recent descent into fascism. Recently I recall Chris mentioning how he would like to see some law preventing the revolving door between Big Pharma and government regulators by requiring a certain amount of years between working for each. In a functioning society with separation of public and private sectors, those laws would be able to be enforced.

    [Bolding in highlighted paragraph by Grover.] I'm a firm believer that people get the government they are willing to tolerate. Politicians learn what terms generate support from their constituents. Why don't they follow through with their political stump speeches? If people held them accountable, future politicians would learn to limit their promises. Instead, enough of the populace believes the lies and reelects the liars. The rest of us suffer.

    For what it's worth, I agree that civil servants (who are the government regulators) should be prohibited from working for or receiving any remuneration from any industry that they were regulating. I would also insist that the head of each department is responsible for the corruption of underlings (after a grace period.) You can bet that the bosses would put enough direction and resources to this problem that the problem would disappear.

    I just saw this article on ZeroHedge: https://www.zerohedge.com/political/americans-biggest-fear-corrupt-government-officials

    Infographic: Americans' Biggest Fears | Statista

    I don't understand your logic here. You ask when it would stop, going from billionaires to millionaires to thousandaires. Well the same question could be asked of income tax right now. What stops it? A peoples' revolt would when everyone becomes uncomfortably poor. But if we taxed the billionaires we wouldn't need to target the 8 figure millionaires or anyone beneath. We'd have all the money we need to run government by taxing the billionaires and 9 figure millionaires.

    When I wrote that they would come after the billionaires first and others on the wealth tree later, it was more or less an admonishment of politicians' methods. You see, they work on a "divide and conquer" meme. Since you aren't a billionaire, you have no skin in the game if the politicians want to tax them to death. You would cheer that decision. Have you thought it through? Even if you taxed every penny the billionaires owned, would there be enough to satisfy the politicians' wants? Hardly. Once you agree to a special tax that only applies to the billionaires, it's a short hop to the mega-millionaires. After that, it's another short hop to the multi-millionaires. Hopefully, you can see where this is going now ...

    I agree that subsidies are bayaddd... all they do is promote over consumption. Taxes are better.

    Taxes are better??? Once the elected officials have collected the taxes, what are they going to do with the money? How many of them bring the candy back to their electorate in order to buy more votes? (Talk about over-consumption.)

    There is not one entity called "government". There are lots of different types of governments and examples through history. The USA had a pretty accountable government up until about 1913. Scandinavia up until very recently, and I think many countries there still do (I'm looking at you, Iceland). Singapore has the death penalty for corrupt politicians. We will always need government. The solution isn't banning government. The solution is figuring out how to best hold the government accountable to the people, not the other way around. This is done by a clear separation of public and private sectors and transparency (banning the insidious "public-private-partnerships). And limiting the wealth of those elites at the top of the private sector to say 20 million dollars in today's money, to prevent them from becoming powerful enough to take over the government and dismantling those laws.

    [Again, bolding by Grover in the above paragraph.] You started out on the right track in this paragraph. The US had its growing pains when starting out. We even had a few attempts at a central bank early on. It all changed in 1913 on December 23rd when Woodrow Wilson signed the act that created the Federal Reserve. Even the first incarnation of the Fed wouldn't have been as bad as the one we have now. That's another problem - politicians start with a small proposal that can be sold to the electorate and later build it into a monstrosity that nobody in their right mind would agree to at the beginning.

    So, what changed with the creation of the Fed? We went from specie based currency to a debt based currency. As I said, not all at once. At first, the fiat currency was 40% backed by gold. That means that the amount of currency increased to 250% of what it was just before the fed was created. (Who do you suppose got first access to that money? Hint: the people you think are corrupting the innocent government officials.)

    People were happy with having paper money at first. In the roaring 'twenties, they started speculating and getting unfathomably rich. When the bubble burst, they ran to the bank to withdraw gold. Sorry. No more than 40% could get gold and then the banks were bankrupt. Imagine that! Who would've thought that could happen?

    FDR changed the rules when elected, confiscated the people's gold, and then revalued the price of gold. (He also saddled us with unsustainable social programs like Social Security.) Another dozen or so years later and Bretton Woods made it that only foreign entities could exchange dollars for gold. Then, in 1971, Nixon "temporarily" closed the Bretton Woods gold window after too much money was created to be backed by the country's gold. Who could have seen this series of events occurring? The better question is who shouldn't expect this to happen eventually?

    You went off the track by advocating for an upper limit in wealth. As I stated earlier in this post, without compensation, why would someone bother to invent a better mousetrap? All of us would be poorer!

    You want universal healthcare (to be paid by others.) Who would you put in charge - Fauci or someone like him?

    Every other country in the world has done reasonably well with universal healthcare. The US with its public-private partnership (aka fascism) is suffering under the same Covid fascism other countries are with universal health care. Hmm, the country leading the way with Covid treatments is India and they have centralized healthcare... where government officials actively seek out Covid outbreaks and give everyone Ivermectin. Which is why Uttar Pradesh yesterday had 2 new cases out of 240 million people. That government seems to have been able to organize itself quite well. Maybe because they managed to break free from Big Corporation. Again, it's about separating public and private sectors.

    You didn't answer my question - who would you put in charge? You complain about fascism but blithely advocate for more of the same. Can you imagine the amount of pressure that head person would have to endure from those who want to corrupt for personal gain? Would you accept the death penalty for corruption - like Singapore does? If so, all the problems you complain about (concerning corruption) would magically disappear. There would be no need to limit wealth (but I suspect you'd still favor that outcome. I don't understand why.)

    You also seem to conflate universal health care with the remarkable results in Uttar Pradesh. It isn't the universal health care that caused those remarkable results. If it were, other Indian States (who also have universal health care) would have equally remarkable results. Instead, it's the treatment protocol that was used in Uttar Pradesh and not in the other Indian States. The US AMA (corruptly owned by big Pharma) has prohibited doctors from prescribing HCQ and IVM - under penalty of losing the medical license. Pharmacies won't dispense these products if a doctor prescribes them. Hmmm. Isn't that tyranny? The regulators (who are corrupt) have gone wild to make the corrupters richer.

    Grover

    Login or Register to post comments

  • Sat, Oct 30, 2021 - 7:56pm

    #59
    Mysterymet

    Mysterymet

    Status: Silver Member

    Joined: May 23 2020

    Posts: 446

    4

    Something that is uncomfortable to admit

    Some people are worth more to society than others. Those people tend to get paid more. Also, society gets to determine people’s worth. Personally I don’t think sports stars, actors and musicians should be paid more than people like doctors, fire fighters, cops, solders, engineers etc. However, I don’t get to set salaries. The market sets those.  How many people do you think would spend tons of money and years going to college if it wouldn’t give them a better chance at earning a higher salary than a high school graduate? I agree with Grover. We need people to design and build that better mouse trap. The possibility of earning more money is a way to incentivize that. I am at work at LEAST 50 hours Per week. I get called by my guys and emailed by my boss on weekends. If I was stuck with the same salary as my hourly guys do you honestly think I would be busting my ass? I enjoy what I do but I also want to WIN. One way to win in the business world is through salary. Especially in technical professions when you don’t want to go into management.

    Login or Register to post comments

  • Sat, Oct 30, 2021 - 10:40pm

    You've been Nudged...!

    You've been Nudged...!

    Status: Gold Member

    Joined: Aug 28 2021

    Posts: 538

    2

    Something that is uncomfortable to admit

    "Some people are worth more to society than others. Those people tend to get paid more. Also, society gets to determine people’s worth."

    Yet, sociaty is on the brink because they won't pay lorry drivers or labourers their due... What would hospitals be without distribution or cleaners? As Chris pointed out recently - success is often measured in how close you are to the money-printing press...

    Login or Register to post comments

  • Sun, Oct 31, 2021 - 2:44am

    #61
    helmadi

    helmadi

    Status: Member

    Joined: May 23 2021

    Posts: 113

    4

    helmadi said:

    Login or Register to post comments

  • Sun, Oct 31, 2021 - 5:40pm

    #62
    helmadi

    helmadi

    Status: Member

    Joined: May 23 2021

    Posts: 113

    0

    helmadi said:

    Home

    Login or Register to post comments

  • Mon, Nov 01, 2021 - 12:19pm

    #63
    helmadi

    helmadi

    Status: Member

    Joined: May 23 2021

    Posts: 113

    2

    what's in the pfizer contracts

    https://articles.mercola.com/sites/articles/archive/2021/11/01/pfizer-contracts.aspx

    Login or Register to post comments

  • Mon, Nov 01, 2021 - 5:28pm

    Quercus bicolor

    Status: Gold Member

    Joined: Mar 19 2008

    Posts: 1081

    1

    Large scale human societies are vulnurable to corruption

    If you tax and regulate, you concentrate power in the hands of the government.

    If you allow an unregulated market, you concentrate power in the hands of the big players that eventually dominate the business world.

    Concentrated power brings corruption.

    Even with a liberal democracy and a well educated population, you eventually come around to the fourth turning and learn that good times create weak men (and women) AND that weak men and women create hard times.

    Of course, the large scale corruption that is possible in large scale societies makes fourth turnings worse.

    It would guess it is necessary to scale down quite a bit to get a handle on corruption.

    That degree of scaling down requires a smaller population that we have today.  It would be difficult to feed everyone otherwise.

    We'll get there eventually.  Because of resource limitations, pollution, and the inability of large scale societies to adapt to the conditions their excessive resource use create.  It's happening whether those in power want it or not.  And since it seems they want it, probably not in a way that allows them to remain in control.

    Login or Register to post comments